2920 E 36th St, Des Moines, IA, 50317 | $278/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2920 E 36th St, Des Moines, IA, 50317 | $278/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1608 sft

3403 Dubuque Ave, Des Moines, IA, 50317

3 Bed
2 Bath
1436 sft

1354 E 26th St, Des Moines, IA, 50317

3 Bed
1 Bath
955 sft

2000 E 21st St, Des Moines, IA, 50317

3 Bed
1 Bath
1150 sft

2707 Cleveland Ave, Des Moines, IA, 50317

Nearby investment properties with comparable prices

2 Bed
3 Bath
1630 sft

8016 Cobblestone Rd, Urbandale, IA, 50322

$ 215,000

ROI

Cash Flow/m

3 Bed
2 Bath
1478 sft

7012 Sunrise Blvd, Windsor Heights, IA, 50324

3 Bed
2 Bath
1508 sft

736 Guthrie Ave, Des Moines, IA, 50316

2 Bed
1 Bath
916 sft

2221 33rd St, Des Moines, IA, 50310

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Des Moines at 2920 E 36th St, Des Moines, IA, 50317 listed at $215,000 pairs $1,674/mo rent with a $1,052/mo payment to leave $278/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $3,336/yr on $71,273 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 9.34% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 128.33% and total cumulative return in cash totals $91,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1961

6,316 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2920 E 36th St in Des Moines, a charming 3-bedroom, 1-bath home filled with natural light throughout the day, perfect for a growing family or for downsizing! Enjoy a spacious front porch for morning coffee or evening tea, and step inside to a warm layout with a cozy partially finished basement complete with a new radon mitigation system for peace of mind. The kitchen comes fully equipped with all appliances, including fridge, gas stove, microwave, washer, and dryer so you can move right in with ease. Out back, your private fenced oasis features no rear neighbors, two storage sheds, mature landscaping, a firepit or grilling area, plus a hot tub on the covered patio for year-round relaxation. Tucked in a quiet, calm neighborhood yet close to every amenity, this home is truly move-in ready and waiting for new memories to be made.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,159 (100%)
Owner Occupied HU	10,616 (65.7%)
Renter Occupied HU	4,615 (28.6%)
Vacant Housing Units	928 ( 5.7%)
Median Home Value	$194,343
Average Home Value	$254,761